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Stock impact report

Olaplex's (NASDAQ:OLPX) Q1: Beats On Revenue [Yahoo! Finance]

Olaplex Holdings, Inc. (OLPX) 
Company Research Source: Yahoo! Finance
The company expects the full year's revenue to be around $449 million, in line with analysts' estimates. It made a non-GAAP profit of $0.03 per share, down from its profit of $0.05 per share in the same quarter last year. Is now the time to buy Olaplex? Find out in our full research report Olaplex (OLPX) Q1 CY2024 Highlights: Revenue: $98.91 million vs analyst estimates of $95.2 million (3.9% beat) Adjusted EBITDA: $35.5 million vs analyst estimates of $31.9 million (11.3% beat) EPS (non-GAAP): $0.03 vs analyst expectations of $0.03 (in line) The company reconfirmed its revenue guidance for the full year of $449 million at the midpoint (in line) The company reconfirmed its adjusted EBITDA guidance for the full year of $151 million at the midpoint (slightly below expectations) Gross Margin (GAAP): 72.1%, in line with the same quarter last year Market Capitalization: $925.9 million Amanda Baldwin, OLAPLEX's Chief Executive Officer, commented: "Our first quarter resul Show less Read more
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